Leading Florida, USA developer, Feltrim Group, is organizing a series of meetings in India for the first time to meet and establish links with Indian real estate agents.
Feltrim Group wants to appoint experienced Indian agents to represent its new luxury lakeside community, Balmoral Resort Florida, in Haines City, near Orlando, which provides a generous 6% net to leaseback investors.
Balmoral Resort Florida features high-end custom vacation homes set within a 113-acre private gated community, with tranquil parks, gardens, walkways and lakes. It also includes a resort-style pool with luxury clubhouse, waterpark, lakeside beach, gym and spa, gourmet kitchen, restaurant, wedding pavilion, plus a games room with the world’s largest Pac-Man arcade console. The $125million resort opened in March and is now selling Phase Two properties.
Feltrim Group is also looking to attract Indian investors for three more exciting new projects – the international Feltrim Preparatory School, the R9 Ronaldo Soccer Academy and the Feltrim Sports Academy, all next to Balmoral Resort Florida.
Chief Executive Officer, Garrett Kenny, explains, “The school and the academies will be among the finest of their kind and will be a significant draw to students from all over the world as they come to take advantage of the facility’s wide range of programs and to participate in its tournaments.”
The school will initially hold 220 students, increasing to 440 within three years, and will feature 15 classrooms on the first floor, an auditorium and banquet hall, media library, gaming and virtual reality laboratories and canteen.
The R9 Ronaldo Academy – backed by the famous world cup Brazilian soccer star – will feature a professional soccer field with bleachers, two training fields, locker rooms, café, garden areas and will have its own check-in area.
The Feltrim Sports Academy will include two NBA-standard basketball courts with bleachers, four volleyball courts, a running track and six tennis courts.
“The Feltrim Prep School and the Feltrim Sports Academy are aimed at students of between 12 and 18 years old and will offer boarding options at Balmoral Resort. The school itself will be a unique facility, as it promises access to an unprecedented array of resources provided accelerated training in all aspects of individual development,” says Mr Kenny.
The three new projects are each available for funding through the popular EB-5 immigration investment scheme, which provides a Green Card and permanent residence in the United States for investors who fulfill the program requirements.
Under the EB-5 program, the required minimum investment required by each foreign investor is US$500,000, if the project is in a Targeted Employment Area. The investment is sponsored by Central Florida EB-5 Regional Center LLC, which has already completed one successful EB-5-funded project.
Garrett Kenny is in Mumbai, Bangalore and New Delhi during the first two weeks in September 2017 on a Feltrim-sponsored India Trade Mission, organized by AREAA (Asian Real Estate Association of America). He is keen to speak with international agents who can locate investors for Feltrim.
During the trade mission, Mr Kenny is also attending the 9th annual National Association of Realtors’ NAR INDIA Convention in Mumbai, on Monday 11 and Tuesday 12 September. The convention, at the Hotel Renaissance, is expected to be attended by around 1,300 developers and agents.
Garrett Kenny says, “We would be interested to hear from any experienced Indian real estate agents with clients who are keen to invest in our Florida projects.
“Feltrim Group offers a competitive return on interest for Indian real estate investors as well as the chance of immigration to the United States through EB-5.
“Indian investors spent $7.8billion on United States property in the year to March, according to the latest figures from the National Association of Realtors. They increased their spend from the previous year and are now among the top five nations. That’s why we are arranging sales meetings in India for the first time and are keen to meet with proactive Indian agents with clients wanting to invest in Florida.”
Since Feltrim Group was founded in the Orlando area in 1996 by Garrett Kenny, it has built and sold over $700million worth of property.
Any agent wanting to arrange a meeting with Garrett Kenny should email email@example.com.